Splendix
ActiveSummary
Splendix has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€12,683) and a net result of €14,183. Equity is growing by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 10% of 8115 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability66▼-19
Solvency15▲+15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.91 against 0.8 in 2024; short-term debt: 110.2% and cash: 99.9% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-10.2%
Return on assets
11.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 8115 sector peers (2025).
NBB · sector comparisonPosition among 8115 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
29 d late
2022
30 d late
2021
20 d late
2020
31 d late
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 20 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
-€12,683▲ 52.8%
2024 · -€26,866
Total assets
€124,758▲ 14.9%
2024 · €108,588
Net result
€14,183▼ 31.0%
2024 · €20,551
Working capital
-€12,733▲ 52.7%
2024 · -€26,916
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€7,759€10,184▲ 31.3%€21,407▲ 110%€20,545▼ 4.0%€14,239▼ 30.7%
Net result€7,668within the sector's middle half€10,493within the sector's middle half▲ 36.8%€21,141within the sector's middle half▲ 101%€20,551within the sector's middle half▼ 2.8%€14,183within the sector's middle half▼ 31.0%
Equity-€79,051below the sector's middle half▲ 8.8%-€68,558below the sector's middle half▲ 13.3%-€47,417below the sector's middle half▲ 30.8%-€26,866below the sector's middle half▲ 43.3%-€12,683below the sector's middle half▲ 52.8%
Total assets€46,874below the sector's middle half▲ 36.3%€59,711below the sector's middle half▲ 27.4%€85,442below the sector's middle half▲ 43.1%€108,588below the sector's middle half▲ 27.1%€124,758below the sector's middle half▲ 14.9%
Debt€125,925▲ 4.0%€128,269▲ 1.9%€132,859▲ 3.6%€135,454▲ 2.0%€137,441▲ 1.5%
Working capital-€79,101▲ 8.8%-€68,608▲ 13.3%-€47,467▲ 30.8%-€26,916▲ 43.3%-€12,733▲ 52.7%
Solvency-168.6%below the sector's middle half▲ 83.5pp-114.8%below the sector's middle half▲ 53.8pp-55.5%below the sector's middle half▲ 59.3pp-24.7%below the sector's middle half▲ 30.8pp-10.2%below the sector's middle half▲ 14.6pp
Staff (FTE)0.5below the sector's middle half=0.5below the sector's middle half=0.5below the sector's middle half=0.5below the sector's middle half=0.5below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €124,758
Fixed assets
€50 =
Current assets
€124,708 ▲ 14.9%
Key figures and ratios
Current ratio
0.91▲
2024 · 0.80
Debt to equity
-10.84▼
2024 · -5.04
ROA
11.4%▼
2024 · 18.9%
Debt ≤ 1 year
€137,441▲
2024 · €135,454
Staff costs
€13,102▼
2024 · €15,795
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,799 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 91% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
2.5%
went bankrupt
5.3%
stopped otherwise
91%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,799 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €13,292 | €14,507 | €15,639 | €15,795 | €13,102 | ▼ 17.0% |
| Other operating charges640/8 | €421 | €423 | €469 | €472 | €487 | ▲ 3.2% |
| Gross operating margin9900 | €21,472 | €25,114 | €37,516 | €36,813 | €27,829 | ▼ 24.4% |
| Operating profit (loss)9901 | €7,759 | €10,184 | €21,407 | €20,545 | €14,239 | ▼ 30.7% |
| Financial income75/76B | - | €309 | €0 | €6 | - | - |
| Recurring financial income75 | - | €309 | €0 | €6 | - | - |
| Financial charges65/66B | €91 | - | €266 | - | €56 | - |
| Recurring financial charges65 | €91 | - | €266 | - | €56 | - |
| Profit (loss) for the period before taxes9903 | €7,668 | €10,493 | €21,141 | €20,551 | €14,183 | ▼ 31.0% |
| Profit (loss) for the period9904 | €7,668 | €10,493 | €21,141 | €20,551 | €14,183 | ▼ 31.0% |
| Profit (loss) for the period to be appropriated9905 | €7,668 | €10,493 | €21,141 | €20,551 | €14,183 | ▼ 31.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €46,874 | €59,711 | €85,442 | €108,588 | €124,758 | ▲ 14.9% |
| Fixed assets21/28 | €50 | €50 | €50 | €50 | €50 | = |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €46,824 | €59,661 | €85,392 | €108,538 | €124,708 | ▲ 14.9% |
| Amounts receivable within one year40/41 | €563 | €241 | €256 | €204 | €100 | ▼ 51.0% |
| Trade receivables40 | €37 | €241 | €256 | €204 | €100 | ▼ 51.0% |
| Other amounts receivable41 | €526 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €46,116 | €59,260 | €85,136 | €108,334 | €124,608 | ▲ 15.0% |
| Deferred charges and accrued income490/1 | €145 | €160 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €46,874 | €59,711 | €85,442 | €108,588 | €124,758 | ▲ 14.9% |
| Equity10/15 | -€79,051 | -€68,558 | -€47,417 | -€26,866 | -€12,683 | ▲ 52.8% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | €1,859 | €1,859 | - | - | - | - |
| Reserves not available under the articles1311 | €1,859 | €1,859 | - | - | - | - |
| Distributable reserves133 | - | - | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | -€99,502 | -€89,009 | -€67,868 | -€47,317 | -€33,134 | ▲ 30.0% |
| Amounts payable17/49 | €125,925 | €128,269 | €132,859 | €135,454 | €137,441 | ▲ 1.5% |
| Amounts payable within one year42/48 | €125,925 | €128,269 | €132,859 | €135,454 | €137,441 | ▲ 1.5% |
| Trade debts44 | - | €139 | €220 | €150 | - | - |
| Suppliers440/4 | - | €139 | €220 | €150 | - | - |
| Taxes, remuneration and social security45 | €4,285 | €4,290 | €4,969 | €4,459 | €4,251 | ▼ 4.7% |
| Taxes450/3 | - | €676 | €453 | €874 | €723 | ▼ 17.3% |
| Remuneration and social security454/9 | €4,285 | €3,614 | €4,516 | €3,585 | €3,528 | ▼ 1.6% |
| Other amounts payable47/48 | €121,639 | €123,841 | €127,670 | €130,845 | €133,190 | ▲ 1.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,668 | €10,493 | €21,141 | €20,551 | €14,183 | ▼ 31.0% |
| Operating cash flow (approximation) | €7,668 | €10,493 | €21,141 | €20,551 | €14,183 | ▼ 31.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €13,144 | €25,876 | €23,198 | €16,274 | ▼ 29.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €21,141 ▲101%
Operating result €21,407, net result €21,141, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
20-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 20 days late
2021
31-12
Financial
Back to profitnet €7,668
Net result €7,668 after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tremelo · 1 establishment unit since 1998
Ground area
1,474 m²
Building footprint
328 m²
Volume, LiDAR
922 m³
2 parcels, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Rijmenamsesteenweg 171, 3150 Haacht
since 19982.085.366.277
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24109B0234/00G000 | Flanders | 1,345 m² | 1 · 222 m² | 6.2 m · 1 fl. |
| 24033F0142/00H000 | Flanders | 129 m² | 1 · 106 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
JOHNEN PGmbH
BE 0439.377.039
Eupen · FTE 0.5
Belgiqa Sales
BE 0771.605.504
Menen · FTE 0.6
T&W WOODIMPORT
BE 0877.107.256
Berlare · FTE 0.6
PDV-Deuren
BE 0637.940.987
Roeselare · FTE 0.4
MAPEX
BE 0760.792.081
Schoten · FTE 0.7
Of 855 companies in sector 46832 we hold annual accounts for 588. 251 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-02-1998
Fiscal year end31-12
Activities, NACEBEL 2025
46832Wholesale of timber
47120Other non-specialised retail sale
46831Wholesale of construction materials, general range
E-invoicing
Reachable via Peppol
Peppol ID
0208:0462477489
Registered
26-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.